Question: Question 1 5 pts I expect that in an amortizing loan over 30 years at 7% rate and a loan amount of $1,000,000 with monthly

Question 1 5 pts I expect that in an amortizing loan over 30 years at 7% rate and a loan amount of $1,000,000

Question 1 5 pts I expect that in an amortizing loan over 30 years at 7% rate and a loan amount of $1,000,000 with monthly payments, my interest (share in payment) will vary. True O False 15 pts Question 2 Compound or Future Value: What is the future value of a property at the end of 15 years whose present value is currently $160,000 and is expected to appreciate at 3.8% per year (compounded monthly)? D Question 3 15 pts Fully Amortizing: Constant Payment Mortgage (CPM) Loans: What is the monthly payment to fully amortize a $450,000, 3.25% mortgage over 30 years

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